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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Moonpig - Exciting new issue in line for FTSE-250 promotion

March 2021

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • MOON
  • Price:
  • 422p
Shares in Moonpig, the online retailer of greetings cars and other gifts, have enjoyed a spectacular debut after listing on 5th February at 350p, in a placing that raised £20m gross new money and allowed its VC backers, which include Exponent and LCP, to sell £471m, although they retain 47.4%. Helped by people staying at home in the pandemic, sales ballooned from £87.9m in the year to April ’18 to £173.1m in ’20 while in just the six months ended 31st October ’20 they soared 133% to almost £156m. Pretax profit has doubled from £15.9m to £31.8m between FY’18-‘20 but in the latest half year absolutely rocketed by 251% to £33m, already eclipsing the whole of the p ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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